CWE carnegie wave energy limited

REH, page-5

  1. 2,200 Posts.
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    REH going under may be to our advantage. REH's shares cannot be traded without the concent of CWE.
    The principal creditor of REH is Utilico Limited that have ties to Utilico Bermuda and Belco Limited that run the Bermuda grid. A large photo of Bermuda was featured in the roadshow presentation. Bermuda has very high power. Their per capita it higher than the US. Many of their residence are high net worth US citizens. It was mentioned at the roadshow the wealth of Bermuda.
 
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